noco-noco Inc. (NASDAQ:NCNC – Get Free Report) was up 11.5% during mid-day trading on Tuesday . The stock traded as high as $0.11 and last traded at $0.11. Approximately 8,866,209 shares changed hands during mid-day trading, an increase of 134% from the average daily volume of 3,790,189 shares. The stock had previously closed at $0.09.
noco-noco Price Performance
The company’s 50-day simple moving average is $0.22 and its 200-day simple moving average is $0.20.
noco-noco shares are set to reverse split before the market opens on Friday, December 20th. The 1-50 reverse split was announced on Thursday, October 17th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, December 19th.
noco-noco Company Profile
noco-noco Inc operates as an early-stage decarbonization solution provider in Asia. The company engages in manufacturing and leasing battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit sales.
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